Stablecoin, heavily premined, 1.2+ million coins premined!! - page 3.

aa

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Litecoin is right coin

Quote from: usahero on June 15, 2013, 05:56:21 PM

Thank you original poster for bringing this up.

The response from the dev was terrible, so I hope nobody will ever put any btc or mining power into this coin.

Thank you and good luck :p

Oh look, another idiotic reply from a brand new moronic sockpuppet account from the moronic OP.

usahero

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Activity: 434

Merit: 250

Thank you original poster for bringing this up.

The response from the dev was terrible, so I hope nobody will ever put any btc or mining power into this coin.

Thank you and good luck :p

neonemu

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I'm not sure which was worse, the original post, or the fact I read this whole thread.

Darktongue

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Nobody seems to understand that nobody is forceing anyone to use this coin. Sweet fucking jesus..

arlington

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Merit: 250

Quote from: mr_random on June 15, 2013, 04:45:29 PM

Quote from: solracx on June 15, 2013, 03:57:04 PM

Quote from: FrenchFriesKetchup on June 15, 2013, 02:05:17 PM

Hello there,

my two cents:

The "premine" happend in the genesis block:

   const char* pszTimestamp = "June 7 2013, The Times, Prince Philip admitted to hospital for two weeks";
   CTransaction txNew;
   txNew.vin.resize(1);
   txNew.vout.resize(1);
   txNew.vin[0].scriptSig = CScript() << 486604799 << CBigNum(4) << vector((const unsigned char*)pszTimestamp, (const unsigned char*)pszTimestamp + strlen(pszTimestamp));
   txNew.vout[0].nValue = 1250000 * COIN;
   txNew.vout[0].scriptPubKey = CScript() << ParseHex("0449D77B9B62E0DB1FD6150ECFC5722F31FEE52E585DE31B5AEFAD2CAC415D5698991F8F0B0CBBA 7B9F4431BBE79B684876EDFBD369554ACC4182753FA48A3CD80") << OP_CHECKSIG;
   CBlock block;
   block.vtx.push_back(txNew);
   block.hashPrevBlock = 0;
   block.hashMerkleRoot = block.BuildMerkleTree();
   block.nVersion = 1;
   block.nTime = 1370579804;
   block.nBits = 0x1e0fffff;
   block.nNonce = 2788;

Now there is a funny thing about this genesis block. The coins of the genesis block can not be spent! At least this is the case for bitcoin.

- https://en.bitcoin.it/wiki/Genesis_block
- http://bitcoin.stackexchange.com/questions/10009/why-cant-the-genesis-block-coinbase-be-spent
- the first ever bitcoin address with the first ever 50 bitcoins (still there) http://blockexplorer.com/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

As Litecoin is a fork of Bitcoin and StableCoin is a fork of whichever coin which is a fork of Litecoin...

@FUDers and Dev: do your homework

I thought by designed, you couldn't spend anything on the genesis block?

The irony is, if that's true, it's actually not a pre-mine. In the sense the pre-mined coins are useless.

Directed by m night shyamalan.

lol, if this is true, I will mine this coin again Grin

mr_random

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Activity: 1260

Merit: 1001

Quote from: solracx on June 15, 2013, 03:57:04 PM

Quote from: FrenchFriesKetchup on June 15, 2013, 02:05:17 PM

Hello there,

my two cents:

The "premine" happend in the genesis block:

   const char* pszTimestamp = "June 7 2013, The Times, Prince Philip admitted to hospital for two weeks";
   CTransaction txNew;
   txNew.vin.resize(1);
   txNew.vout.resize(1);
   txNew.vin[0].scriptSig = CScript() << 486604799 << CBigNum(4) << vector((const unsigned char*)pszTimestamp, (const unsigned char*)pszTimestamp + strlen(pszTimestamp));
   txNew.vout[0].nValue = 1250000 * COIN;
   txNew.vout[0].scriptPubKey = CScript() << ParseHex("0449D77B9B62E0DB1FD6150ECFC5722F31FEE52E585DE31B5AEFAD2CAC415D5698991F8F0B0CBBA 7B9F4431BBE79B684876EDFBD369554ACC4182753FA48A3CD80") << OP_CHECKSIG;
   CBlock block;
   block.vtx.push_back(txNew);
   block.hashPrevBlock = 0;
   block.hashMerkleRoot = block.BuildMerkleTree();
   block.nVersion = 1;
   block.nTime = 1370579804;
   block.nBits = 0x1e0fffff;
   block.nNonce = 2788;

Now there is a funny thing about this genesis block. The coins of the genesis block can not be spent! At least this is the case for bitcoin.

- https://en.bitcoin.it/wiki/Genesis_block
- http://bitcoin.stackexchange.com/questions/10009/why-cant-the-genesis-block-coinbase-be-spent
- the first ever bitcoin address with the first ever 50 bitcoins (still there) http://blockexplorer.com/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

As Litecoin is a fork of Bitcoin and StableCoin is a fork of whichever coin which is a fork of Litecoin...

@FUDers and Dev: do your homework

I thought by designed, you couldn't spend anything on the genesis block?

The irony is, if that's true, it's actually not a pre-mine. In the sense the pre-mined coins are useless.

Directed by m night shyamalan.

FiiNALiZE

hero member

Activity: 868

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Can any mods please ban these trolls/FUDers?

I agree that this forum is going downhill from all the stupidity.

solracx

sr. member

Activity: 294

Merit: 250

Quote from: FrenchFriesKetchup on June 15, 2013, 02:05:17 PM

Hello there,

my two cents:

The "premine" happend in the genesis block:

   const char* pszTimestamp = "June 7 2013, The Times, Prince Philip admitted to hospital for two weeks";
   CTransaction txNew;
   txNew.vin.resize(1);
   txNew.vout.resize(1);
   txNew.vin[0].scriptSig = CScript() << 486604799 << CBigNum(4) << vector((const unsigned char*)pszTimestamp, (const unsigned char*)pszTimestamp + strlen(pszTimestamp));
   txNew.vout[0].nValue = 1250000 * COIN;
   txNew.vout[0].scriptPubKey = CScript() << ParseHex("0449D77B9B62E0DB1FD6150ECFC5722F31FEE52E585DE31B5AEFAD2CAC415D5698991F8F0B0CBBA 7B9F4431BBE79B684876EDFBD369554ACC4182753FA48A3CD80") << OP_CHECKSIG;
   CBlock block;
   block.vtx.push_back(txNew);
   block.hashPrevBlock = 0;
   block.hashMerkleRoot = block.BuildMerkleTree();
   block.nVersion = 1;
   block.nTime = 1370579804;
   block.nBits = 0x1e0fffff;
   block.nNonce = 2788;

Now there is a funny thing about this genesis block. The coins of the genesis block can not be spent! At least this is the case for bitcoin.

- https://en.bitcoin.it/wiki/Genesis_block
- http://bitcoin.stackexchange.com/questions/10009/why-cant-the-genesis-block-coinbase-be-spent
- the first ever bitcoin address with the first ever 50 bitcoins (still there) http://blockexplorer.com/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

As Litecoin is a fork of Bitcoin and StableCoin is a fork of whichever coin which is a fork of Litecoin...

@FUDers and Dev: do your homework

I thought by designed, you couldn't spend anything on the genesis block?

RAMZA

member

Activity: 205

Merit: 10

Quote from: kimosan on June 15, 2013, 12:16:01 PM

This thread is hilarious.

The lack of basic reading comprehension is mind boggling.

+1

vict

newbie

Activity: 23

Merit: 0

ManOfKnight

full member

Activity: 243

Merit: 100

I can't believe that after the ORIGINAL RELEASE thread that this is even an issue!?!?!

The whole first three pages are nothing but talk about the 1.2 million coins to be used for mixing or profit or whatever Artos wants. It wasn't hidden.

I wish people would read before pushing the little letters on their keyboard to display their ignorance.

This forum has become nothing but ignorant trolling. I think I am FINALLY done with BitcoinTalk...the whole site has become corrupted by ignorant @sses that either steal or spout off their obvious lack of intelligence.

IT WAS POSTED FROM THE BEGINNING THAT .5% OF THE COINS WOULD BE TAKEN BY THE DEV.

Singlebyte

hero member

Activity: 854

Merit: 1000

DEV is a cheat!

New color.

mr_random

legendary

Activity: 1260

Merit: 1001

This used to be a good subforum up until a month ago.

FrenchFriesKetchup

newbie

Activity: 57

Merit: 0

Hello there,

my two cents:

The "premine" happend in the genesis block:

   const char* pszTimestamp = "June 7 2013, The Times, Prince Philip admitted to hospital for two weeks";
   CTransaction txNew;
   txNew.vin.resize(1);
   txNew.vout.resize(1);
   txNew.vin[0].scriptSig = CScript() << 486604799 << CBigNum(4) << vector((const unsigned char*)pszTimestamp, (const unsigned char*)pszTimestamp + strlen(pszTimestamp));
   txNew.vout[0].nValue = 1250000 * COIN;
   txNew.vout[0].scriptPubKey = CScript() << ParseHex("0449D77B9B62E0DB1FD6150ECFC5722F31FEE52E585DE31B5AEFAD2CAC415D5698991F8F0B0CBBA 7B9F4431BBE79B684876EDFBD369554ACC4182753FA48A3CD80") << OP_CHECKSIG;
   CBlock block;
   block.vtx.push_back(txNew);
   block.hashPrevBlock = 0;
   block.hashMerkleRoot = block.BuildMerkleTree();
   block.nVersion = 1;
   block.nTime = 1370579804;
   block.nBits = 0x1e0fffff;
   block.nNonce = 2788;

Now there is a funny thing about this genesis block. The coins of the genesis block can not be spent! At least this is the case for bitcoin.

- https://en.bitcoin.it/wiki/Genesis_block
- http://bitcoin.stackexchange.com/questions/10009/why-cant-the-genesis-block-coinbase-be-spent
- the first ever bitcoin address with the first ever 50 bitcoins (still there) http://blockexplorer.com/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

As Litecoin is a fork of Bitcoin and StableCoin is a fork of whichever coin which is a fork of Litecoin...

@FUDers and Dev: do your homework

podizzle

hero member

Activity: 535

Merit: 500

dev is cheat! premine explain! cant! arghhhhhhh!/color]

FiiNALiZE

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Activity: 868

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Quote from: kimosan on June 15, 2013, 12:16:01 PM

This thread is hilarious.

The lack of basic reading comprehension is mind boggling.

lol most of these posts were probably paid for by OP.

OP is nothing but a moron who's scared of SBC.

kimosan

hero member

Activity: 644

Merit: 501

This thread is hilarious.

The lack of basic reading comprehension is mind boggling.

Hazard

legendary

Activity: 980

Merit: 1000

Quote from: ?? on ??

This is terrible. I am glad this was discovered before this coin makes an exchange.

Ban the original developer and keep this coin off of exchanges

Sucks because I mined a ton of it but this is a clear scam where the developer modified the source code and, also, changed his original post. The original announcement had no mention whatsoever of a premine. I would NEVER have mined this coin if that was the case.

READ: https://bitcointalksearch.org/topic/m.2483045

Premine was mentioned in the OP from the moment the post was made, fuck, there are people on PAGE ONE discussing it. Please refer to: https://bitcointalksearch.org/topic/m.2397962 Are you guys really this dense?

arlington

sr. member

Activity: 476

Merit: 250

Quote from: canoe on June 15, 2013, 10:12:46 AM

Quote from: Hazard on June 15, 2013, 02:06:46 AM

Quote from: Digicoiner on June 15, 2013, 02:05:23 AM

Quote from: Hazard on June 15, 2013, 01:39:57 AM

itt: retards who can't read, premine was mentioned in the op, and was discussed for many pages.

even though it was stated at the outset that 0.5 % of the coin would be set aside why would they check in the code in github without any trace of premine as is claimed?

I just checked it, the premine is still on github, its contained within the genesis block. Just because you don't know where to look doesn't mean its not there. Roll Eyes

FACT: you can't ''hide'' a premine due to the nature of how block verification works. This shit is fully visible throught the block explorer too.

Yes, exactly. The 1,250,000 is in the genesis block. (main.cpp, line 2033) And you can't remove it from the code or the entire blockchain will be rejected by that new code.

// Genesis block
const char* pszTimestamp = "June 7 2013, The Times, Prince Philip admitted to hospital for two weeks";
CTransaction txNew;
txNew.vin.resize(1);
txNew.vout.resize(1);
txNew.vin[0].scriptSig = CScript() << 486604799 << CBigNum(4) << vector((const unsigned char*)pszTimestamp, (const unsigned char*)pszTimestamp + strlen(pszTimestamp));
txNew.vout[0].nValue = 1250000 * COIN;
txNew.vout[0].scriptPubKey = CScript() << ParseHex("0449D77B9B62E0DB1FD6150ECFC5722F31FEE52E585DE31B5AEFAD2CAC415D5698991F8F0B0CBBA 7B9F4431BBE79B684876EDFBD369554ACC4182753FA48A3CD80") << OP_CHECKSIG;
CBlock block;
block.vtx.push_back(txNew);
block.hashPrevBlock = 0;
block.hashMerkleRoot = block.BuildMerkleTree();
block.nVersion = 1;
block.nTime = 1370579804;
block.nBits = 0x1e0fffff;
block.nNonce = 2788;

genesis block is block 0? under the "fair launch" of this coin it is said:

Quote

Block 0-90 0 coins

just confuses people

FiiNALiZE

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Quote from: aa on June 15, 2013, 10:38:37 AM

Hello, you can clearly see that the idiots that need to be ignored are just astroturf accounts for hire. I suggest you put them on ignore right now because they will only cause disturbances in the future (it'll also help you identify garbage threads and warn people about them).

You can tell this from the fact that they keep saying the same idiotic garbage--in broken English--regardless of how many times they are given information, by any range of random people.

Protip: when someone gets ignored enough, the Ignore link changes colour and any posts made are treated as garbage by people who don't already have the person ignored (eg: user Simran).

If that is the case, then why won't the mods ban those accounts.

It'll help keep the forum clean and safe from FUDers

Topic: Stablecoin, heavily premined, 1.2+ million coins premined!! - page 3. (Read 6034 times)